4 Ways to Manage your Finances as You Age

Between managing your work, your social life, your education, and your other commitments, achieving financial stability can be difficult especially when you have little to no financial knowledge. It is always important to start managing your finances yourself, from an early age to secure the life of not just yourself, but also your loved ones.

The next question that pop’s to my mind is, how do we do that? Handling everything together can be stressful. Responsible equity release is what you should be looking for.

The 4 Easy Ways to Manage Your Finances

Here are a few simple tips to help manage your funds well and lead life stressfree in the future.

  1.    Track your Expenses and Incomes

Budgeting is the key. We have always learned from our teachers in school to keep a track on what we expend and sources to earn profits at an early stage. Apply this in your life early, and you don’t have to worry during tough times in the future.

  • Spend on things that you feel are necessary.
  • Always have a list of things you need to purchase and stick to it.
  • Do not buy anything on impulse as you are bound to overspend.
  • Small stuff like overspending on gifts could make a huge difference.
  • Track your income sources by investing in mutual funds and schemes that you feel are legit.
  • If possible, work two jobs from an early age. It will help you get an additional source of income which you can enjoy in the later stages of life.
  1.    Invest

Who said that you need to be a financial guru to undertake investments? You can do it yourself as well. All you need in a little advice and tons of research and to find ways and means that are less risky, to avoid getting into a financial risk as you age.

One of the safest ways to invest is to purchase Government backed bonds or shares. These help you to spend, without having to worry about the volatility in the markets. Choose something that is ideal and optimal, a choice that is made by most others.

  1.    Keep a Note of Your Credit card Signups

In the early stages of our career, we tend to subscribe to several credit card companies to avails benefits such as rewards or credit points. As you age, this might turn out to be stressful. Keeping track of how much you spend from each of your credit and then having to pay all those bills could be cumbersome.

Maintain a proper system and try to cut down on the number of credit cards you own. Keep a track on the amount you spend and see to it that you do not exceed the limit which is pre-defined. Starting at an early stage will help you to maintain a peaceful life later on.

  1.    Set up a Retirement Fund

Setting up a retirement fund is what you need to look for in the longer run. It helps you to stop worrying about your source of income, once you have retired. Invest in a diversified fund. The amount that you invest in this fund will be diversified among different securities and stocks and will give you good returns. Plan your retirement well!

5 Reasons to Invest in Seo Services For Your Property

SEO is not only necessary for your property, but also an integral part of your business. Without an online presence, you cannot tap into the growing online market. You will find most of your customers online. A client might even insist on Googling your company before doing business with you. The idea is that the online market is growing at a very high rate and your business needs to be among the online giants. Here are five reasons to invest in SEO for your property.

  • SEO is an Asset. People spend most of their time on their smartphones. They might be texting someone, or they could be researching on home improvement ideas, or eyeing new running shoes. The mobile technology has evolved how people interact with the internet. The technology has affected how and when people search for goods and services, they need. People are likely to use Google when waiting for a doctor appointment, lining for coffee, or riding in a vehicle. Given this increased usage, people are likely to visit business sites and buy products online as a direct result of good SEO.


  • Conversions. Owning a website that is fully functional on smartphones is compulsory in the current world. However, you need to make sure that the site is visible. When Google ranks your site at the top, people are pre-sold on working with you. Results that are at or near the top of the rankings are often assumed to be authorities in the field of expertise. Potential clients are likely to trust the top-ranked website. To appear among the top ranks requires that you have a good SEO. A good SEO needs you to have excellent content on your site. Visitors will turn to pay customers when your website provides useful and engaging information. A good example is the SA property management company. Your brand should have a combination of both a solid website and a high Google ranking.


  • Rankings Change Fast. SEO is an ongoing process. The more you invest, the more significant it becomes, and this is a good thing on many levels. If you are already at the top ranking, you need to continue investing in SEO to stay on top. With everyone trying to reach the top, your competitors are going to invest in SEO, and if you relax, they will outrank you. If you are yet to the top rank, you have an opportunity to rise. Invest in a sound strategy and use smart techniques. You will begin to drive more traffic to your website, and you will outrank competitors.


  • Cheap Marketing Strategy. Modern business marketing is expensive. An upcoming business cannot raise the required capital to compete with global brands that dedicate budgets to increase visibility and increase traffic. Digital marketing has changed all that since most of the marketing tools are readily available. For instance, producing and launching a video is cheap. Most SEO techniques do not require a big budget.


  • Is here to Stay. Technology is still advancing. So is online shopping and searching. Online stores will keep growing, and smartphone users will increase. This means that SEO will continue to change. Invest now and set your business up for success in the future.

Good SEO is arguably the most influential tool to consumers than any other form of advertisement.  

Learn to Earn: 10 Ways You Could Be Earning Passive Income

Do you want to make money while you sleep by earning passive income? Read on for 10 great ways to earn a passive income.

There are 4.2 billion people online right now. That massive digital population has made it so budding entrepreneurs like you can make millions of dollars each year in your sleep!

Sound too good to be true? We promise you that it’s not.

Making money while doing nothing describes the process of “earning passive income.”

That’s when you build something that requires a lot of work up front that has the potential to pay you royalties for a long time afterward (maybe even forever) without needing to put in any more effort.

There are a ton of ways you could start earning passive income right now. Below our team shares 10 of our favorite ways.

1. Invest in Index Finds That Produce Dividends

Everybody knows that investing in the stock market can make you money. Investing in stocks can also be a pain though. Websites like Stock Dork (which you can click here to learn more about) make things easier. But still, all of the vetting that’s required to make a good investment puts stocks out the reach of the average person.

That is of course unless you invest in index funds.

Index funds are pre-diversified stocks that automatically spread your invested money out across multiple, quality companies. If those companies produce dividends (cash payments to investors) you could be earning dividend cash from top performing companies almost immediately!

2. Lending Money

What if you could be like a bank and collect interest by lending money to people who don’t want to deal with banks or can’t get approved by them?

Thanks to awesome companies like Upstart, you can.

Just set up an account, pick an amount of money you want to lend, and borrowers will take you up on your offer and pay you back your money plus interest!

3. Affiliate Marketing

You could be making tens of thousands of dollars promoting other people’s products online! This is called affiliate marketing. If you get a good infrastructure in place, this is one of the best earning passive income avenues you can go down.

To get going with affiliate marketing, try setting up an account on Amazon Associates and start promoting Amazon products through social media. If your promotion leads to a sale, you’ll get a commission!

4. Sell Stock Photos

Have a knack for photography? If you do, you can sell your awesome photos to websites like Shutterstock or Fotolia.

When you do, you’ll get royalties for every photo you sell.

If you publish a ton of photos and they’re of excellent quality, you could make a full time living as a photographer!

5. Make YouTube Videos

A billion hours of video get watched on YouTube every day. That massive rate of content consumption is why so many people get rich on the platform.

YouTube has a program in place called “revenue sharing” where content creators let the platform run ads before, during, and after their videos. Any revenue generated from those ads is then split between YouTube and creators.

To start making money on YouTube now, build up your channel’s library with quality content. The more stuff you post, the more chances you’ll have of earning passive income.

6. Write a Book

Everybody has a book in them! If you share yours, it could mean cashing royalty checks for the rest of your life.

Books don’t have to be biographical or fiction to sell big. If you’re good at something like online marketing or playing the piano you could publish a small, digital-only book (eBook) that retails for just a few dollars.

Even something simple and affordable like that could mean steady income for years to come!

7. Rent Your Car

A lot of people buy nice cars that just sit in their driveway day in and day out. Wouldn’t it be great if that car could be earning you money when it’s not working for you?

New apps like Turo make that dream a reality!

Simply list your car on the app, make sure you have proper insurance requirements in place and people can start picking up your car during its downtime, which will net you some serious cash.

8. Use Cash Back Credit Cards

When you pay for your purchases in cash, all you get is what you bought. Boring.

When you pay for your purchases with cash back credit cards, you get what you bought plus anywhere from 1% to 20% cash back! Exciting!

There are a number of cash back credit cards out there that pay consumers big money. A quick Google search of “best rewards credit cards” should find you some excellent options.

9. Invest in Real Estate

If you have money to spend, you could buy properties and rent them out through an agency to score some sizeable passive income. If you don’t have the kind of money to buy up property, try investing in real estate through apps like Fundrise.

Fundrise lets you pool your money with other investors and jointly own and rent properties to corporations!

This process can net you massive returns on your relatively small investment.

10. Buy or Build a Blog

Last but not least on our earning passive income list of suggestions is buying or building a blog.

If you have a blog that gets solid traffic, you can make money off of that traffic by selling products, pushing affiliate links, and more! The only trouble is that building your own blog can take a lot of time and patience.

If you want instant gratification, consider contacting a blog that already has good readership and asking to buy it!

While that will cost you some cash up front, the amount you could get back in monthly income may far exceed your purchase price.

Wrapping Up Ways You Could Be Earning Passive Income

From building a blog to investing in index funds, there is no shortage of awesome ways to start earning passive income.

Try your hand at your favorite methods above and start making serious money today!

For more awesome content on earning and investing, check out more of our content at ONMoneyMaking now.


Take Control of Your Personal Finances

Personal finances affect just about every aspect of life and your habits, good or bad, can influence how comfortable you are with your own life. If you’re looking for a way to improve your finances, consider the following basic steps, including learning more about your money, developing a budget, and taking control of your financial future.

Track Your Expenses

One of the biggest factors that can lead you into financial insecurity is underestimating how much you’re spending. You can overcome this hurdle by listing out everything you know you’ll spend during the month. As you take a look at those known expenses, consider whether you’re currently making enough money to pay for everything.

This is just the first step in making an improvement, however; as you progress through the month, keep track of every cent you spend. Many people spend a lot of money that doesn’t get tracked by neglecting to factor in the cost of a newspaper from the stand or a cup of coffee with a friend. Finish off this step by reviewing your spending records from other months, using statements from your bank and credit cards, and adding those expenses into your emerging budget.

Cut Out Unnecessary Expenses

With a clear picture of how much money you’re making and how much you’re spending, it’s time to make some tough decisions. Review the records you kept from the month before. There should be some expenses that are easy to cut, such as subscriptions to services you don’t use anymore. Other expenses may be harder to cut out but could have a huge impact on your financial well-being. Calculate how much money you could save if you made coffee and lunch at home rather than buying them from a shop.

Understand Interest

Interest can either be your friend or your enemy. For example, if you have a ten-year loan for your car, you’ll end up paying for that vehicle several times over because of interest. On the other hand, a savings account with a great interest rate provides you with passive income. As you reduce your debt and invest in your savings, you’ll find that today’s sacrifices can leave you with security in the future.

Learn Financial Terms

When you’re struggling to get your personal finances in order, it helps to understand the terms commonly used by bankers and financial advisors. Hopefully, you’ll improve your finances to the point that you have enough passive income to support your lifestyle. However, you won’t make much progress until you understand terms such as “passive income” and “capital.” Boost your financial literacy by enrolling in a course; these are generally offered online and may be available through a local banking institution.

Prepare a Budget

Although the actual mathematics of making and using a budget should be simple, many people struggle with this basic and vital step. Fortunately, there are many resources available, from a very basic budgeting template from the government to more involved plans from experts such as Don gayhardt and Dave Ramsey.

Calendar Your Finances

Write down all of your recurring bills and expenses on a calendar. This is a great way to keep track of quarterly taxes and other expenses that don’t come up on a monthly basis. It’s also a good way to keep your financial goals in mind. Many people get discouraged when they don’t see quick results from their efforts. Having a financial calendar helps by providing you with a concrete visual of the progress you’re making.

Rather than struggling each month to make ends meet, take control of your money. As you get your personal finances in order, you’ll put yourself on the path to financial security. Your willingness to learn and sacrifice today will lead you to a satisfying and comfortable tomorrow.




5 Tips To Choosing the Best Prepaid Debit Card

With the advent of technology, cash transactions have been made a whole lot easier. Debit cards for that matter have made the handling of cash convenient, thus reducing the number of barriers to spending money. If you have never gotten to use a prepaid debit card before and are planning on getting yourself one, here are a number of tips you can consider to help choose the best one.

  1. Go For Well Known Prepaid Card Brands

In recent years, many prepaid debit cards have come into existence with some from unfamiliar brands. Money is a very sensitive issue, it becomes essential to be very careful with the financial companies you are dealing with. The best prepaid debits cards are those that are being offered by reputable and recognized brands around the world.

Before selecting on your preferred card, do a background check to ensure the provider is legit. You do not want to be in a situation whereby your transactions are not legitimately recognized. The best prepaid debit cards are from MasterCard and Visa companies which are well recognized.

  1. Check the Terms and Conditions

This is a very important part of any prepaid card you decide to choose and which many people sadly get to ignore. Be very keen on this. Read through the terms and conditions carefully before agreeing to anything. Providers of these cards usually have different terms and conditions.

A good prepaid debit card should have favorable terms and conditions that you are comfortable with. Ask your provider to explain to you before agreeing to them. You do not want to be fined for inappropriate use of your card.

  1. Assess the Fees Chargeable

Debit card providers vary and each charge different kinds of fees for their prepaid debit cards. Purchase fees, monthly fees, transaction fees, withdrawal fees, balance inquiry fees, dormancy fees, and overdraft fees are just some of the many fees charged by providers.

Ensure that you check on this before choosing your preferred debit card. A good prepaid debit card should have very minimal chargeable fees. Some of the fees are straightforward, but you need to pay great attention to the more obscure ones. You do not want to be charged lots of money every now and again even when you are not using your card.

  1. Opt for Direct Tax Refund Packages

You probably have paid your taxes and you are due for a tax refund from the Tax agency. Instead of getting the refund via check, you can have it deposited directly to your prepaid debit card. This will be convenient for you and the tax agency, as it will reduce the paperwork and also cut on cost. So, when choosing your prepaid debit card, you can check for this tax refund package. In fact, a good prepaid debit card should be able to give you a bonus package for every tax refund transaction done to your card.

  1. Type of Use

There are a number of ways you can get to use your prepaid debit cards. Start by determining which one will suit your needs. Is it for shopping and utility bills? Is it for your entertainment? Or will it be for your kid’s pocket money? Prepaid debit cards can be a reasonable way to control your spending and manage your debt. Once you have determined the use, then you can scour around for different providers and see who offers you the best package for your preferred use.

8 Tips on How to Maintain a Good Credit Score

Looking to take out a personal loan but don’t want it to affect your credit score? Here are 8 simple tips on how to maintain a good credit score, regardless!

How does your credit score compare to the average American? The average American FICO credit score reached 704, which has increased over the years. Having a good credit score can help you secure loans, get lower interest rates, or even get a job.

Looking to take out a personal loan but don’t want it to affect your credit score? Here are eight simple tips on how to maintain a good credit score, regardless!

1. Pay Bills on Time

Paying your bills on time is a big part of your credit score. Make sure you stay organized with your bills. You can also sign up for automatic bill pay to ensure you remember.

Even if they are bills that don’t get reported to the credit bureau, such as vendors or even library fines, over time these bills could go to a collections agency, which will then hit your credit report. You can look for apps to help you organize your bill pay, or set up reminders on your calendar if you can’t sign up for auto pay.

Make sure you keep your account information updated. If you move, you don’t want to forget to pay any bills. Getting your bills forwarded takes time.

2. Keep Credit Card Balances Low

Keeping your credit card balances low is always a good idea. When you get close to your card’s limit, this hurts your credit score. Try to keep your balances within 30 percent of all your credit card limits to keep a good score.

The credit card company reports your current statement balance to the bureau. This means you should watch your balance and keep it low before your cycle closes.

3. Avoid Applying for New Credit

If you have several credit inquiries, it can negatively affect your score. It doesn’t matter what type of credit it is. Make sure you only apply for credit when you need it.

Opening a new credit account will decrease your lower credit age average. This also affects your credit. Lenders view a spike of credit inquiries as a sign your economic circumstances have taken a negative turn.

4. Don’t Close Old Credit Cards

When you close a credit card account, it no longer gets weighed in on your credit score. These old accounts are helpful because they help improve your credit history and average credit age.

For example, if your old card had a limit of $5,000 and all your combined cards total $15,000, removing this card decreased your combined limit to $10,000. Your recommended 30 percent balance moves from $4,500 down to $3,000.

The credit bureau will remove your old accounts within ten years anyway. There’s no reason to hurt your score or remove these accounts since they’re paid in full.

5. Consolidate Credit Cards to Have Fewer Balances

You may think it’s a good idea to have small balances over various cards, but it can be a bad thing. You should pay off small balances instead. Having multiple credit cards with balances can actually lower your score.

If you want to consolidate debt, you can transfer balances to one card, so all your monthly payments go to one balance. You can also look into a personal loan to get lower interest rates and also use a different type of credit. Here’s more info on personal loans.

6. Manage Your Credit

You need to learn to manage your credit and debt. Set budgets and make sure you are living within your credit means. Keep track of your spending to see if you need to make any cuts.

You should also have an emergency fund ready. You should keep a savings account or at least 15 percent of your credit available, so you don’t have to borrow more than you feel comfortable with.

Always pay what you owe or at least the minimum payment. Never skip a payment, especially on loans and credit cards. You should always pay down your highest interest accounts first if you have many credit accounts.

7. Know What Goes into a Good Credit Score

To have a good score, you need to know what goes into a good score. This can help you make wise financial decisions. There are five main things that go into your credit score including:

  • Payment history
  • Amount of debt
  • Mix of credit
  • Credit age
  • Recent credit

There are a few things that may not affect your score like account overdrafts. Utilities are also not on your credit score, so if you need to make a choice. However, that doesn’t mean you should pay these accounts because they will go to collections in time.

8. Check Your Credit Report for Errors

Even if you pay on time and manage your credit right, you may have an error on your report bringing down your score. This is why it’s important you check your credit score to make sure your information is correct.

Fraud is out there, and you may not know you are a victim until you check your credit. Checking your credit report will not hurt your score. You are eligible to get a free copy of your credit report each year.

If you find any errors, you can dispute them. Keep an eye on all your old accounts to make sure the balances are still zero.

You can also sign up for credit monitoring services or talk to your credit card companies about credit monitoring. You can sign up to receive alerts for suspicious spending.

How to Maintain a Good Credit Score Thoughts

You work hard for your money. Having a good credit score can help you save money and get loans when you need them. Follow these simple steps, and your credit should stay where you want it to be.

Looking for More Ways to Earn or Save Money?

Now that you know how to maintain a good credit score, you should check out other ways to make your money work for you. Check out our site to learn about ways to make money.

You can also learn ways to avoid losing money such as online scams. You can also learn other life lessons to help you take control of your financial life.


The Top 5 Reasons to Acquire Life Insurance if you are a Doctor

If you are a doctor, there are many reasons why you should acquire life insurance. Just like all the other professionals, doctors need to ensure that they are adequately covered with all the necessary insurance covers. Whether it is a medical cover, motor cover, or even life insurance, you need to have insurance coverage so that you can have peace of mind as you play your roles as a doctor. It would be ironic for a doctor to treat clients through their insurance covers while he or she is not covered. Life insurance is actually an essential cover for all people who can afford it. In this article, we shall discuss a number of reasons why Life Insurance for Doctors is an essential requirement.

Here are the top 5 reasons to acquire life insurance if you are a doctor:

  1. Helps replace lost income

One of the biggest advantages of life insurance is that one is able to have their loved ones provided for even when they die. This is especially so for the doctors who are the sole bread earners in their families. No one knows when they will die and as such, you have to take the necessary plans for any eventuality. With adequate life insurance coverage, you rest assured that your loved ones will be catered for in terms of income when you are gone.

  1. Helps pay off debt

Just because one has died does not mean that their debts will die with them. In the case where your spouse and you have signed for a mortgage jointly, or you have taken other loans jointly, it would mean that the spouse would be entirely responsible for the repayments of these debts. These will definitely take a toll on their income. This can easily be catered for by the life insurance cover. It will help your dependants take care of any other financial obligations after you are dead.

  1. You can build cash value

When you sign for a term life insurance, you will essentially be building cash value for your future needs. You can then get paid after your insurance policy reaches maturity. You can also choose the whole life insurance and build your cash value over time. This should be an attractive prospect for any doctor. You see, you can even use the money accrued to make some investments related to your career. In the event that you have some emergency down the road, the life insurance cover will come in handy.

  1. Diversify for investments

Life insurance can also give you an option to invest in certain products. This is the case with the universal life policies. This kind of life insurance helps you get some dividends depending on the performance of the product you have invested in. It is a good option for doctors as well. However, one needs to read the fine print for them to understand the terms and the conditions of the policy.

  1. Peace of mind

You can never predict the future. However, you need to be prepared for any eventuality. Having life insurance is a sure way to have peace of mind. Regardless of the type of life insurance cover you will take, you can rest assured that you and your loved ones are adequately secured.

How To Determine If You Are The Next “Get Rich Quick” Victim

Have you ever been approached by a friend or family member who has this brand new way to double or triple your money within a short amount of time? Be wary, nothing in this world is free, especially money. Even though there are ways to shortcut your way to success, it will still take hard work and time.

We all want to be well-off and wealthy; have that nice car or dream home. And we are fascinated by people who say they have gained success with little work. But the truth is, these wealthy people know and understand things that others do not. And it all begins with the mindset.

This article is not geared towards individuals who expect to win the lottery one day or inherit a large amount of money from a lost relative. This is to inform people that get-rich-schemes can be dangerous if not researched properly.

Before proceeding, we need to understand that people with wealth did not just get their assets overnight. They were hard-working, problem-solving thinkers that had a goal and surpassed it.

First, you need to understand the mentality behind someone who is selling the scheme. Their obligation is to persuade you into purchasing or buying a scheme that doesn’t work. They can use sharp words to entice you or promise you the world only if you buy what they are selling. Learn to identify when someone is smooth talking you. If the hype sounds too good to be true, then it probably is.

These are a few traits of someone who is selling you false dreams:

1.They only talk about the positive things versus telling you what could go wrong

2.Eager to tell you to invest a small amount of money, and in return, you will receive thousands in return daily

3.They will promise you that in one click, all of your dreams will come true and your life will change drastically

Unfortunately, the only way to get rich quick is by either investing in proven methods or maximizing on your craft. Any book, website, or salesman telling you otherwise is a complete scam.

How To Get Rich Without “Get Rich Schemes”

If you are a person who’s looking for a way to enhance your profit, simply make better business decisions. Here are a few smart ways that can start you on your journey:

Rework Your Budget

Think about how you can actually save money. By analyzing your finances, you will be able to extend your current budget and still maintain the quality of life you want.

Invest In The Economy

The stock market in the United States makes up more than 40% of the worlds stock market. People think that investing in the market is risky and doesn’t promise a return on investment. But if you think about it, so is gambling and playing the lottery. Focus on investing in an index fund or multiple different stocks. It is a proven fact that by doing so, you will eventually yield a profit.

Create A Subscription-Based Service

Subscriptions are a way to get money on autopilot. Usually, a consumer will pay you to provide a service for them on an ongoing basis. Imagine waking up every morning to see someone has signed up to your business idea. Think of businesses like Apple Music, Spotify, and Match.com. The ideas are limitless. Tap into your creative side.

Invest In A Way To Impact The World

If you are the type of person who wants to “do good” in the world. Then how about investing in ideas that will replenish the earth’s resources or help find cures for diseases that are untreatable.

In all honesty, investors who research and choose stocks that they feel comfortable with will do better than the professionals on wall street. You will need to educate yourself and get familiar with the process. But that is like anything else in this world; learn a craft, master it, and profit from it.

To research stocks that interest you, you will have to know something about business. Owning stocks is just like owning a piece of a business, and by viewing their public reports online, you can decide on if you want to invest or not. Read the businesses annual report. You might need a little guidance with this part because it can look like you are reading a different language at first. Just reach out to a financial advisor and have them give you a quick lesson. You will have to pay for the service, but it will be well worth the price.